10/28/2011 Portfolio Update

Trading Signals:

TNA buy stop not trigged but still valid. Just since NYMO is way too overbought now, so if the buy is triggered on Monday, then according to the new NYMO profit taking rule, I’d have to close the position anyway, so I’d skip this trade, may buy pullback instead.

Since TMV daily low is higher than the entry price, so set breakeven stop loss and half out.

Since DGP daily low is higher than the entry price, so set breakeven stop loss and half out.

Thanks for the great analysis – just a chart showing Weinstein’s law – if 40 week ma heads south – get outta the water. Weekly still fairly bullish, but I recommend a quick trigger finger on the sell button http://stockcharts.com/h-sc/ui?s=$SPX&p=W&yr=15&mn=6&dy=0&id=p49011687403

Just wanted to say…new site has been a amazing upgrade…traders calendar and twitter updates are just awesome….I honestly wish you make some huge gains of the hard work you have been putting in each day..
Thanks,
RK